US President Donald Trump has described the recent trade agreement with India as “historic”, saying it has contributed to a sharp rise in American coal exports.
Speaking at the Champion of Coal Event on Wednesday, Trump said the United States has strengthened its position as the world’s leading energy producer and is rapidly expanding its footprint as an energy exporter.
He said that trade deals signed in recent months with countries including Japan, South Korea and India have helped increase coal exports from the US.
“America is now the number one energy producer in the world. We’re becoming a massive energy exporter. In just the past few months, we’ve made historic trade deals with Japan, Korea, India, and others to increase our coal exports dramatically. The quality of our coal is supposed to be the finest anywhere in the world,” Trump said.
He also asserted that American coal is considered among the best globally in terms of quality.
India says national interest will guide energy choices
Meanwhile, on February 9, Foreign Secretary Vikram Misri said that India’s energy-related decisions will continue to be guided by national interest.
During a special briefing by the Ministry of External Affairs (MEA), Misri underlined that India’s energy policy is driven by adequate availability, fair pricing and reliable supply. His remarks came amid reports suggesting that India may be reducing its oil imports from Russia.
Clarifying how energy sourcing decisions are made, Misri said procurement is handled by oil companies based on prevailing market conditions. These companies assess availability, risks, pricing and logistical considerations while following internal accountability and fiduciary processes.
“As far as the actual sourcing of energy is concerned, this is undertaken by oil companies, which make decisions based on market conditions. They assess availability, evaluate risks, analyse costs, and follow their internal accountability processes and fiduciary responsibilities. At any given time, there is a complex matrix of considerations, including financial and logistical aspects, that these companies must take into account,” he said.
He added that both government and business decisions in the energy sector would continue to prioritise national interest.
Misri also noted that India remains a net importer of oil and gas and, as a developing economy, must remain mindful of resource availability and the inflationary impact of import dependence.